Trading VSA the way NSK does

Quoting brax64

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Good morning volume traders, hope everything's fine for all of you.
Speaking about eu, seems to me that we having rising volume with falling price on support area (4170/4200), might be a sign of reversal but the main trend especially in the higher tf seems definitively bearish... I'm a bit confused, follow the trend or trying the reversal...?
Maybe Karthik could shows up with one of his wonderful hint?

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Quoting brax64

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Good morning volume traders, hope everything's fine for all of you.
Speaking about eu, seems to me that we having rising volume with falling price on support area (4170/4200), might be a sign of reversal but the main trend especially in the higher tf seems definitively bearish... I'm a bit confused, follow the trend or trying the reversal...?
Maybe Karthik could shows up with one of his wonderful hint?

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Quoting courtneywild

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Hi Brax and morning NSK

Reading much on VSA and the recent post by ARUN is excellent.

I have not been reading the PA V closley enough.

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Quoting courtneywild

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Hi Brax and morning NSK

Reading much on VSA and the recent post by ARUN is excellent.

I have not been reading the PA V closley enough.

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Quoting ns_karthik

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hi brax,
yes, i do see rising volume approaching support.....but the trend is hugely bearish, we may even see 4050 by end of today/tmrw....we can deal with this in many ways....either wait till price reaches 4170 and then try a small long with tight stop of 25 pips....or the better choice would be going long on GU which is obviously much stronger....

or alternatively, another good trade would be to wait till europ price reaches near 4230 and shorting it (i did one in the morning for 21 pips)...

trading is abt understanding market sentiment and...

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Quoting ns_karthik

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hey courtney...hope u have a great time reading up stuff....

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Quoting courtneywild

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Yes and taking ASPRIN at same time!

Getting through it those it raises more doubt at present.

I just cant see the long in GU you mentioned to brax... could you shine a lite on it for me please... thank you for your coninued guidance.

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Quoting ns_karthik

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hi courtney....i did not say that we should be long on GU...i said that if we feel that the conditions r good for a long, i would be long GU than long EU...so far, no long looks good...

also, looking at eurgbp....it seems set for a rise which would mean that GU is set for a fall.....

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Quoting courtneywild

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irrational against the trend.
logn eu at 42097
P =D V =U
double bottom on 1 hour chart
price rising on 15 min

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Quoting ns_karthik

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rounded bottom on 15M u may have a good trade in the works!!

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Quoting courtneywild

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On a techi note and sorry if this sounds pathetic but...

my fib lines only show levels on the lines IE 50 35 23.6
how do i get the actula price to show on the line as well please

EU long now at +12

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Quoting Islander

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Activate your fib tool, right click to open properties, click on the fib level Description and after a space add %$ to the appropriate number.

I too have taken a buy in € after it turned off its MS 1 pivot at 4182 for a typical Frankies Hour move.

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Quoting Islander

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Activate your fib tool, right click to open properties, click on the fib level Description and after a space add %$ to the appropriate number.

I too have taken a buy in € after it turned off its MS 1 pivot at 4182 for a typical Frankies Hour move.

PS The low was in a high volume 5m hammer - a good "heads up"

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Quoting ns_karthik

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welcome to the thread Islander...

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